Blue Star Ltd is an Indian multinational home appliances company, headquartered in Mumbai. It specializes in air conditioning, commercial refrigeration and MEP (mechanical, electrical, plumbing and firefighting). It is the country's second largest homegrown player in the air conditioning space. Blue Star was founded in 1943 by Mohan T Advani as a reconditioning company. Soon after inception, Blue Star ventured into the manufacturing of ice candy machines and bottle coolers and began the design and execution of central air conditioning projects, followed by the manufacturing of water coolers. The company later expanded into new product lines and began exporting to Dubai. It went public in 1969 with an initial public offering, listing on the Bombay Stock Exchange. In the late 2000s, Blue Star ventured into the electrical, plumbing and fire-fighting contracting businesses, offering customers an integrated mechanical, electrical, and plumbing (MEP) solution. It then forayed into the residential air conditioning segment a few years later, along with entering the water and air purification segments as well as the engineering facility management (EFM) space recently. More information...
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